Today, at the CEDIA Expo, NETGEAR®, Inc. (NASDAQ:NTGR), the leading provider of networking devices that power today’s small businesses and enable managed service providers (MSPs) and installers to provide more value-added services to their clients, is announcing the introduction of a new engineering support center for professional audio video (Pro-AV) integrators deploying AV solutions which utilize IP networking. This dedicated Pro AV Engineering Services team of experts has been conceived in the company’s efforts to empower those who are conducting installations and designing projects with free network design assistance, training and installation support. From pre-sales and post-sales support to technical training, to white papers and best practices, these services are positioned to help educate tech managers and integrators to become masters of AV deployments which require IP networking.

This next generation Orbi Mesh WiFi System is designed for the connected world of today and the future. The Orbi WiFi 6 mesh system has the capacity to support the traffic generated by the multitude of connected devices that are in the home today and for years to come.

NETGEAR®, Inc. (NASDAQ:NTGR), the leading provider of networking devices that power today’s smart homes and small businesses, is announcing the worldwide release of the Meural Canvas II. Meural joined the NETGEAR family of smart networking products in 2018. Meural Canvas II powered by NETGEAR is a sophisticated WiFi connected digital canvas that is designed to bring the world of art into your home or office. With the signature anti-glare matte display, the Meural Canvas showcases every brushstroke, so that each piece is displayed like the original as seen in a gallery or museum. Meural Canvas II includes enhanced WiFi performance for faster uploads and extended range.

NETGEAR®, Inc. (NASDAQ:NTGR), the leading provider of WiFi that power smart homes, today introduced, a world’s first, the new Nighthawk AX8 8-Stream WiFi 6 Mesh Extender (EAX80) to address the needs of constrained or limited reach of an existing home WiFi network. The good majority of consumer electronic products now require a WIFI connection to deliver the features optimally, which is only made possible with a continuous and strong connection with the capacity to handle simultaneous connections. Built for the wireless network challenges of today and the future, the Nighthawk WiFi 6 Extender delivers the maximum capacity, maximum speed and the greatest coverage.

Netgear Inc. shares rose more than 10% in the extended session Wednesday after the company reported better-than-expected guidance and earnings that beat consensus estimates. The company reported second-quarter net income of $839,000, or 3 cents a share, compared with net losses of $5.2 million, or 16 cents a share, in the year-ago period. Adjusted for items such as stock-based compensation, among other things, earnings were 28 cents a share. Revenue rose to $230.9 million from $255.3 million in the year-ago period. The five analysts surveyed by FactSet had estimated 25 cents a share on revenue of $224.4 million. For the third quarter, analysts model adjusted earnings of 61 cents a share on revenue of $267.1 million. According to FactSet, Netgear estimates third-quarter sales of $265 million to $280 million. Netgear stock has fallen 12.1% this year, with the S&P 500 index rising 20%.